{"id":959,"date":"2021-04-13T05:31:43","date_gmt":"2021-04-13T05:31:43","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=959"},"modified":"2021-04-13T05:31:46","modified_gmt":"2021-04-13T05:31:46","slug":"interest-equalization-scheme-on-pre-and-post-shipment-rupee-export-credit-extension","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/interest-equalization-scheme-on-pre-and-post-shipment-rupee-export-credit-extension\/","title":{"rendered":"Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension"},"content":{"rendered":"\n<p class=\"has-text-align-right\">April 12, 2021<\/p>\n\n\n\n<p>All Scheduled Commercial Banks (excluding RRBs)<br>Small Finance Banks, Primary (Urban) Cooperative Banks<br>and EXIM Bank<\/p>\n\n\n\n<p>Dear Sir \/ Madam,<\/p>\n\n\n\n<p><strong>Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension<\/strong><\/p>\n\n\n\n<ol class=\"is-style-none wp-block-list\"><li><strong>1.<\/strong> Please refer to the instructions issued vide <strong>DBR.Dir.BC.No.69\/04.02.001\/2019-20 dated May 13, 2020<\/strong>.<\/li><\/ol>\n\n\n\n<p><strong>2.<\/strong> In this connection, Government of India has approved the extension of Interest Equalization Scheme for pre and post shipment Rupee export credit, with same scope and coverage, for three more months i.e., upto June 30, 2021. The extension takes effect from April 01, 2021 and ends on June 30, 2021 covering a period of three months.<\/p>\n\n\n\n<p><strong>3.<\/strong> Consequently, the extant operational instructions issued by the Reserve Bank under the captioned Scheme shall continue to remain in force upto June 30, 2021.<\/p>\n\n\n\n<p>Yours faithfully<\/p>\n\n\n\n<p><br>(Manoranjan Mishra)<br>Chief General Manager<\/p>\n\n\n\n<p><strong>For full detail click the link below :<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.dropbox.com\/s\/kwnnsv83g6clb4c\/Interest%20Equalization%20Scheme.PDF?dl=0\">https:\/\/www.dropbox.com\/s\/kwnnsv83g6clb4c\/Interest%20Equalization%20Scheme.PDF?dl=0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>April 12, 2021 All Scheduled Commercial Banks (excluding RRBs)Small Finance Banks, Primary (Urban) Cooperative Banksand EXIM Bank Dear Sir \/ Madam, Interest Equalization Scheme on Pre and Post Shipment Rupee Export Credit-Extension 1. Please refer to the instructions issued vide DBR.Dir.BC.No.69\/04.02.001\/2019-20 dated May 13, 2020. 2. In this connection, Government of India has approved the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,14],"tags":[75,74],"class_list":["post-959","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-notifications","category-rbi","tag-75","tag-rbi-notification"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/959","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=959"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/959\/revisions"}],"predecessor-version":[{"id":960,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/959\/revisions\/960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/357"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}